Show CONFIDENCE WAS VAS NOT MAINTAINED Some Distrust in Wall Street Owing to Growing Apathy in Demand RUMORS NOT EFFECTIVE EVEN DIVIDEND INCREASES TAILED FAILED TO MOVE PRICES New ew York May Ma 12 Confidence In Inthe Inthe Inthe the existing level of prices of stocks was not well maintained In the dealIngs deal dealIngs dealings Ings today The growing apathy or of the demand begot distrust and prompted some reduction of holdings and a de declining declining clining dining tendency of prices The re response response In Inthe Inthe Inthe to the news of the Increase Transit dividend rate on Brooklyn the was Illustrative of the tho general tend tendency tendency tendency ency stock rose momentarily to 81 and then sold off otto This compares with a high price of 82 In April and a high price of 82 S in Juno of last year or of in anticipation of the Inauguration dividends at he rate of 4 per cent Positive predictions of a coming In Increase Increase increase divi dividends Chesapeake Ohio crease In the S tt little II effect used with as nn v vIn aenas oena aena were w u wim n nin In inducing demand for that stock Ru aenas oena aena were w u wim n nin In inducing demand for that stock Ru Rumors Rumors Rumors mors industriously circulated of the consummation of control of the Wa Wabash Wabash Wabash bash by the Rock Island party failed as conspicuously to bring about higher prices price state statements statements One On of the days disastrous ments was the retention of the Bank Benk Benkof of England of the discount rate rhe The weekly return showed an advance to of reserve to in the percentage liability the withdrawals of other deposits more than balancing the In Ingathering gathering gati erIng of government deposits More Moreover Moreover Moreover through the collection of taxes over the days das reduction In official discount rates by the great Indian ludian banks indicated a subsidence of one the principal source of pressure on reserve position An Another Another Another Bank of England other ground for speculative hesitation hesitation tion was found In the doubts over the soundness of the reported Improve Improvement Improvement In the ment in copper A sharp drop dOP price of ot the metal In London was a factor in this suspicion So also were reports of a disinclination on the part follow of or the domestic consumers to of 01 the In the price the he recent recovery metal The prevalence of ot cool weather in inthe Inthe Inthe the northwest and predictions of ot Its continuance had an effect in modify modifying modifyIng modifyIng ing the recent confidence in the progress progress progress ress of ot spring wheat and corn The strength of Pennsylvania stood out as a prominent exception to the general heaviness of the market and was of 01 some effect finally In over overcoming overcoming overcoming coming that heaviness Bonds were steady Total sales par value alue United States bonds unchanged on call STOCK QUOTATIONS j I Sales I H B I L Ij I jCL CU CL 34 pfd Amal Copper I 6 D DAmn 1 1 45 Ama Amu Beet Sugar 1 37 37 j 37 Can lOA 1 9 I 91 9 F 61 OI 61 Co C 1 1 Cot Oil 66 66 A H L pfd 33 25 Ice 1 Linseed 1 13 50 I 1 4 Ama S R B H 79 79 7 Preferred 1104 Steel F H 55 54 I 1104 54 Sugar R Tel Tel I Tob pfd 95 1 Woolen 36 36 35 Ana MIll Co 1001 J 43 42 I 43 Atchison Preferred 10 1102 At Coast Line 1211 R R O fl 1110 1 Be Beth i Steel I i 27 nt Brook RaP T 81 I SOl Can Pacific 2200 I Cent Leather 1 2200 41 42 Preferred c of N J Ches Ohio 1 87 j I 86 61 Chic Alton 45 Chic Ut at West 2711 2611 27 Preferred 1 61 51 c N W H H c I St P Co Co C St L 3 Cob Colo F L 38 38 I Cob Colo So 60 60 Con Gas Corn Products 1139 16 Del Hudson J D R B G 1 1400 40 40 d 79 1 79 Dist 31 31 ErIe 29 1 28 1st preferred 1200 46 46 preferred 37 37 Gem Oen Electric 1491 Gt Nor 2300 62 Gt Nor ore Ill Central H 20 Inter Met et 2300 2141 Preferred 56 2081 55 Inter Harvester 93 93 1 92 Inter Mar pfd 19 Inter Paper I 1 Inter Pump Iowa Central 1 20 K C Southern 1001 34 I 1 34 I 1 41 Preferred 67 I 66 Laclede Gas Louis Nash ash St L I 36 M S P S S M 31 l K T 42 42 Preferred I 1 I 1 4 1 69 Mo Pacific 1 I 69 National Biscuit 1105 1054 National Lead 78 7 77 1 77 Nat R Ry of M 2 p 2100 29 I 2811 29 N Y Central N Y O 0 W j 44 44 Nor West 1024 1021 North orth Amu 1 1 72 Nor or Pacific Mail lall 26 26 Pennsylvania 1354 Peoples Gas 1108 1084 1084 P c C C St Coal 1941 1911 19 In Pressed S Car 39 Pul Pal Car 1614 Ry fly Steel SprIng 38 Reading j 1604 Re Republic Steel 1001 34 I 34 Preferred 98 Rock Island I 45 44 44 Preferred I 91 j 90 I St L 1 S F 2 p 48 I St L I s p 30 I Preferred 1 73 s S S I 00 73 73 73 So Pacific 1274 So Railway 27 I 26 Preferred 1300 63 62 Tenn Copper 27 74 Tex Pacific 32 32 T St L 1 1 38 Preferred 1 64 63 Pacific Preferred 95 I 1 95 U s Realty 1001 73 I 1 73 I 72 r t S Rubber 43 U S Steel eo 82 I 1 82 I Preferred 1100 1118 Utah Copper 2200 45 45 Chem 1400 Wabash 21 I 20 20 Preferred 2800 45 1 Western Md 45 5 I Electric 64 I 63 I West Union I 68 I 68 f 1 68 W L E 3 Total sales for the day 4 shares |